Settings8H · net · $10k
Funding arb · Price arb /

BCH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1132%/8h= +124.0% APRnext payment +$11.32 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against SunX+0.053%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$890.889% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$8 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.053%, 7d avg +0.026%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and BloFin is 0.027% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BCH-USDT265.47−0.1116get 0.1116% / 8h5h 08m$2K$1.7M30x
ShortBloFin BCH-USDT265.610.0016get 0.0016% / 8h5h 08m$3.9M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$237.77
Price spread: +0.053% → +0.026%
$2.72
Slippage, 4 orders
−$68.88
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$151.61
Costs to cover
0.889%
Break-even
2.5 days
Slippage from SunX: live order book, 6 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago19.55 bp40.1 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago2.26 bp10.5 bp −$1116.0 bp −$16032.5 bp −$3,253doesn't fit

BCH on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BCH-USDTlong−0.1116%8h265.47long leg$2K$1.7M30x
HTX BCH-USDT−0.0421%8h265.49+0.008%$772K$1.4M75xas long as short
Phemex BCHUSDT−0.0372%8h265.68+0.079%$4.9M$6.5M50xas long as short
SoDEX BCH-USD−0.0308%1h265.60+0.049%$2K$8K10xas long as short
Deribit BCH_USDC-PERPETUAL−0.0160%1h265.76+0.110%$445K$331K25xas long as short
Coinbase International BCH-PERP-INTX−0.0128%1h266.40+0.350%$224K$1.8M50xas long as short
Nado BCH-PERP−0.0125%1h265.67+0.074%$422K$339K10xas long as short
GRVT BCH_USDT_Perp−0.0117%8h266.15+0.254%$388K$17K10xas long as short
Binance BCHUSDT−0.0104%8h265.37−0.038%$72.2M$213.5M75xas long as short
Extended BCH-USD−0.0104%1h265.36−0.043%$112K$952K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BCH_USDT−0.0104%8h265.85+0.143%$70.1M$7.0M200xas long as short
Gate BCH_USDT−0.0101%8h265.59+0.045%$8.3M$13.3M75xas long as short
Variational Omni BCH−0.0094%8h266.00+0.199%$81K$201Kas long as short
OKX BCH-USDT-SWAP−0.0075%8h265.20−0.102%$25.1M$74.0M50xas long as short
KuCoin BCHUSDTM−0.0072%8h265.86+0.147%$8.6M$7.1M75xas long as short
Bitget BCHUSDT−0.0068%8h265.41−0.023%$19.1M$28.1M75xas long as short
Bybit BCHUSDT−0.0035%8h265.36−0.041%$39.1M$30.9M75xas long as short
Kraken Futures PF_BCHUSD−0.0031%1h265.86+0.145%$852K$3.0M50xas long as short
BingX BCH-USDC−0.0031%8h265.33−0.053%$6.5Mas long as short
gTrade (Gains Network) BCH/USDL −0.0004% / S +0.0007%1h265.83+0.137%$15K150xas long as short
dYdX BCH-USD0.0000%1h265.85+0.141%$5K$24810xas long as short
Kalshi KXBCHPERP0.0000%8h265.97+0.188%$1.1M$10.2M2.7xas long as short
BloFin BCH-USDTshort+0.0016%8h265.61+0.053%$3.9M$4.2M50x
Pacifica BCH+0.0021%1h265.65+0.068%$162K$321K10xas long as short
ApeX Omni BCHUSDT+0.0030%1h266.30+0.313%$97K$227K50xas long as short
Orderly PERP_BCH_USDC+0.0033%8h265.60+0.049%$2K$17610xas long as short
Injective BCH/USDC PERP+0.0033%1h270.20+1.782%$721$130K12xas long as short
Lighter BCH+0.0096%1h265.65+0.067%$363K$482K10xas long as short
Hyperliquid BCH+0.0100%1h265.81+0.128%$5.7M$4.7M10xas long as short
Aster BCHUSDT+0.0100%8h265.83+0.135%$168K$519K75xas long as short
edgeX BCHUSDC+0.0100%4h266.00+0.198%$19K$289K20xas long as short
GMX BCH/USD [WBTC.b-USDC]L +0.0357% / S −0.0525%1h265.86+0.147%$25K100xas long as short